
Cheap Apartments for Rent in the Thompson Neighborhood of San Antonio, TX from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Thompson area of San Antonio.


Lucero

Bonito Parque Apartments

Artisan at Creekside

2004 Monterey St

2427 W Southcross Blvd, Unit REAR
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Gardens At San Juan Square

Winston Square

Roselawn

Darby Square

The Kelly Apartments

San Juan Square
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Thompson, San Antonio, TX Local Guide

How much does it cost to rent an apartment in Thompson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thompson 1 Bedroom Apartments | $1,008 | $700 | $1,150 |
| Thompson 2 Bedroom Apartments | $1,184 | $800 | $1,713 |
| Thompson 3 Bedroom Apartments | $1,379 | $967 | $1,969 |
| Thompson 4 Bedroom Apartments | $1,608 | $1,608 | $1,608 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Thompson Neighborhood of San Antonio, TX.
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Cheapest Available Thompson Apartments for Rent
 The cheapest available apartment rental in the Thompson area of San Antonio, TX is a 1 Bed unit found at Darby Square priced from $611. Palladium San Antonio has the second lowest priced unit, which is a 3 Beds apartment currently listed from $660. Here are the most affordable Thompson apartments for rent in San Antonio, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Darby Square | A1 | 1BR,1BA | $611 |
| Palladium San Antonio | C1 | 3BR,2BA | $660 |
| Lucero | Unit B | 2BR,2BA | $869 |
| Bonito Parque Apartments | A1 | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Thompson, TX
As of June 18, 2026 the best value apartment in the Thompson area is the $1.13 price per square foot Unit D Model at Lucero in the in the West Side neighborhood starting from $1,608. The second greatest value Thompson apartment is the B2 Model at Palladium San Antonio starting at $1,713 with a $1.52 price per square foot in the Kelly neighborhood. Here is today’s list of the best values for Thompson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lucero | Unit D | 4BR,2BA | $1.13 |
| Palladium San Antonio | B2 | 2BR,2BA | $1.52 |
| 253 Carroll St, Unit 253 Carroll st | 253 Carroll St | 1BR,1BA | $1.15 |
| 2004 Monterey St | 2004 Monterey St | 1BR,1BA | $1.28 |
| Darby Square | C1 | 3BR,1.5BA | $1.52 |
| Bonito Parque Apartments | A1 | 1BR,1BA | $1.35 |
| 603 Gladstone | 603 Gladstone | 2BR,1BA | $1.59 |
Frequently Asked Questions about Cheap Thompson Apartments
What is the price of a cheap apartment in Thompson?
The cheapest apartment in Thompson is Darby Square which is listed at $611, while the average apartment in Thompson costs $1,608.
What types of apartments are the cheapest in Thompson?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Thompson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Thompson?
Cheap apartments in Thompson have an average cost of $1,042 which is $566 cheaper than the average rent for all rentals in Thompson.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Texas Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in San Antonio
Written by: Rhonda R Fletcher
I'm Rhonda, your ApartmentHomeLiving.com Local Expert for San Antonio, Texas. Welcome to San Antone', the smallest big city in Texas. San Antonio has been a part of my life for as long as I can remember.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Antonio
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Hi, I'm Rhonda, your ApartmentHomeLiving.com Local Expert and your guide to places to live around San Antonio colleges and universities. San Antonio, Texas, is one of the most dynamic cities in the Southwest.

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Articles, How-To's, and Tips

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.